Wti Oil Etc Discussion Threads

[someuwin] 03/11/2017 10:27

Bought back in today.

[mattjos] 02/11/2017 22:32

L&G must surely now be completely gone, given the volume

[x54v] 02/11/2017 13:16

Volume much stronger than usual the past few sessions.

Demand for the shares seems to have increased.

[mattjos] 02/11/2017 12:53

The major factor, for me, was Orion allowing them to sell some at spot prices.That's a clear backing of the company and gives them much needed cash

[mattjos] 02/11/2017 12:50

Adding one more myself while still under 1p.I agree that it won't stay under that level for much longer now

[x54v] 02/11/2017 12:33

"#WTI Matter of time before 1p goes. When this hit 1.20 before, C1 costs were 15% higher and all production was assumed hedged #Copper

#WTI I'll put up what I believe this & next quarters operation margins could look like soon. Think it will surprise a few #Recovery"

[mreasygoing] 02/11/2017 12:30

Excellent volume. New highs very soon.

[x54v] 02/11/2017 07:11

"Copper's time has come"

"Conclusion: Think big, think copper"

[x54v] 01/11/2017 20:17

"#WTI make $100m rev p/a on 16,000 tonnes of Copper cathode. Am targeting *major* recovery on these. In as believe higher Copper prices ahead"

[x54v] 01/11/2017 11:26

Clear 1p and things really start to look interesting on the longer term chart

[mreasygoing] 01/11/2017 11:07

Copper price rising and those higher lows on the weekly chart, have been compelling me to buy more.

[mreasygoing] 01/11/2017 11:05

Not long till 1p+ then the brakes come off properly.

[x54v] 01/11/2017 08:05

"#WTI Family is in for 7%. If you believe Copper goes higher from here (I do), then this 17,000 tonne p/a op should deliver v material gains"

[billthebank] 31/10/2017 23:12

Sorry last post was a little mis leading I didnt notice that in August The RNS seemed to merge Orions 550 tonnes hedge with another hedge Still that only lasts to December when hopefully the new hedge will give us an extra $800/tonne and of course if C1 costs can come down to say $4800 that will also be a huuge advantage. It will be interesting to hear what the effect of the 7 leach pads will bring to WTI and am expecting an announcement soon? Possibly contemporaneously with the final results?

[mattjos] 31/10/2017 16:59

Bill .. all I am observing is that Orion are enabling them to sell some to the spot market in order to help the cashflow

[billthebank] 31/10/2017 15:34

Mattjos that is not true Orion are taking 550 tonnes @$6000 They are just not taking up their right to another 700 tonnes as an arrangement fee as there simply isnt any real unhedged cathode available IGNORE THE ABOVE. MISREAD ORION 550 tonnes HEDGE included in restated hedging arrangements in August!!!

[mreasygoing] 31/10/2017 12:05

Added a few more. That chart... Gorgeous.

[mattjos] 30/10/2017 19:23

Mkt being s bit stingy with this one at present.Orion not taking copper from them @ $6,000 is a strong sign of support for the company.Clearly we are not out of the woods yet but, the additional leach pads should soon see us at full production levels.Am sure they will get on top of the leaching timescale ... either crush size and/or acid strength.Have added some more today

[euclid5] 30/10/2017 13:59

Orion can only exercise its option to the extent of unhedged tonnes produced in the month. So far this financial year Orion have not elected to exercise their option.

The Company and its subsidiaries are unlikely to generate sufficient surplus cash to meet all loan repayments when due, particularly in the near term. The Company continues to positively engage with Orion on the subject.

[mreasygoing] 30/10/2017 13:52

I've added a few. That news today demands a re-rate.

[mattjos] 30/10/2017 12:13

odd trading blocks

Over last 18 minutes, Buys for:

100,000 99,999 99,998 99,997 99,996 99,995 99,994

[mattjos] 30/10/2017 10:16

yes, this is very good news today & does warrant a higher mkt cap now

[billthebank] 30/10/2017 09:05

Great news that Orion haven't taken up he option to acquire their entitlement at 6000 dollars! So at present we have a surplus 0r 1k dollars over C1 costs so with production at 16k dollars per annum we are making $16M before Orion has a slice.Looks like we should be able to pay some of our debt as it falls due?